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Coinone Review

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Revainrating 3.5 out of 5  
Rating 
3.3
Crypto Exchanges

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Description of Coinone

What Is Coinone? Coinone is a South Korean crypto exchange registered as Coinone Inc. The project was created with a focus on clients from Asian territories. It offers trading of digital assets, providing a wide range of tokens and trading pairs. The main features of Coinone are convenient interface for efficient trading with tools for in-depth analysis of currencies; a wallet for storing coins, trading and client deposits; a payment method in the form of crypto deposits and fiat deposits via bank transfers; round-the-clock support service available by email or phone; security mechanisms such as a two-factor authentication scheme, multi-signature wallets and ID verification. The platform offers its users three types of service: simplified, professional and lightning-quick. Investors also have the option of earning passive income through staking. The exchange does not have referral programs, demo accounts or educational materials. Coinone has been on the market for a long time, and is funded by Kakao Ventures. Who Are the Coinone Founders? Myunghun Cha is the founder and the current CEO of Coinone. Cha graduated from Postech, where he studied computer science. Known as a white hat hacker with a ten-year background, he developed the Coinone security system. His expertise and knowledge in cybersecurity are confirmed by prizes in international hacker competitions, such as DEFCON CTF and Codegate. When Did Coinone Launch? The project was founded in 2014. However, the platform launched in 2015. Where Is Coinone Located? Coinone's headquarters is in Seoul, South Korea. Coinone Restricted Countries The exchange and its services/products are mainly targeted at citizens of South Korea and focused on South Korean investors. There is no information about restrictions for residents of other countries as well. What Coins Are Supported on Coinone? Coinone is a centralized crypto exchange that allows users to trade more than 200 digital assets, including BTC, ETH, XRP, ETC, ADA, SOL, DOGE, DOT, ATOM and more. The platform supports South Korean Won (KRW). It’s the only fiat option. How Much Are Coinone Fees? The Korean exchange offers a flat fee of 0.2% for the main market. Coinone has both Maker fees and Taker fees. For makers, those are 0-0.1%, and they can also get lower. Meanwhile, for takers it’s 0.02-0.1%. Coinone also has a withdrawal fee of 0.0015 BTC. Withdrawals in fiat currency are charged a 1000 KRW fee. No deposit fees. Is It Possible To Use Leverage or Margin Trading on Coinone? Following the accusations of providing gambling services from the Korean authorities, in 2017 margin trading was removed from the platform.
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Reviews

Global ratings 26
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Type of review

Coinone Move, South Korea's RippleNet for Cross, has partnered with an interdisciplinary blockchain-based program that is part of the select campus. This is especially true for buyers who use Coinone replacements. Because transactions are 90% more expensive than banks. The current situation is that more than fifty per cent of the market members after this merger have been made through this company. When I first enrolled in the exam, I was told that I had to take the KYC test because everyone…

Pros
  • Help teams work faster.
  • The diversity of cryptocurrencies is increasing.
  • There is a lot of demand in Asia.
Cons
  • This shortcoming is actually limited to traders who think they are from Korea, which is not easy to find outside the region.

Revainrating 4 out of 5

Could Coinone, who has made great partnerships, continue to grow?

Coinone Transfer has partnered with RippleNet for Cross, South Korea's first blockchain-powered mobile app, a retail remittance product. This is very positive for users using the Coinone exchange. Because transfers are 90% more advantageous than banks. This situation drew so much attention that after this partnership, more than 50% of the transfers in the market were made through this partnership. In addition, many other partnerships were signed. CertiK and Xangle companies, which are security

Pros
  • They made partnerships to increase security measures
  • Much cheaper transaction opportunity than banks
  • Transparent transactions
Cons
  • Registration and approval system takes a long time

Revainrating 4 out of 5

Coinone is a stable exchange

In an era where security is the top most criteria for choosing a good exchange particularly when considering the rate at which big exchanges are being hacked, it is good to check the security record of an exchange before using it. Coinone has been in existence since 2014, and till date it has not been hacked. It has recently improved it's security by partnering Certik and xangle. It is also believed that another reason the exchange has been insurmountable for hackers is because the CEO, Cha

Pros
  • Coinone is an exchange that provides security and transparency for their investors
  • It does not have any record of hacking
  • The withdrawal fee is fair
  • It charges flat fee of 0.10 on takers and makers
  • App is available for iOS users and Android users
  • It supports multiple coins including the major ones like BTC, eth, ripple etc
Cons
  • The flat currency supported is not globally used hence limiting the suitability to South Korea region

Revainrating 3 out of 5

I was affected so much on language barriers

Coinone exchange comes into business in the year 2014. This exchange was hard for Me to navigate across, I have to invite a translator for easy understanding of the exchange. Also, I was impressed on the liquid and trading volume of the exchange, so I decided to check out for how it operates, if it will come to my satisfaction, but I was not really impressed to use the exchange. Also, the registration on this exchange is time consuming as you must carry out a KYC verification before you can be…

Pros
  • Active social media
  • Interactive group in telegram
  • Affordable fees
Cons
  • Hard navigation
  • Less languages supported

Revainrating 4 out of 5

This exchange has helped many traders including myself

Coinone exchange came from south korea, this platform was designed and established to help traders in a very amazing way. The exchange is a liquid exchange which has variety of trading pairs, coupled with a low fee structure. I was aimed at trading margin trades here, the environment and my trading days then was very good. The customer support teams are highly responsible, the social media out reach are many. This exchange has helped many traders one way or the other. This exchange during my re

Pros
  • Very safe platform
  • Deeply liquid
  • Affordable fees
  • Unlimited advantage
Cons
  • A but time consuming KYC

Revainrating 3 out of 5

Coinone exchange comes with nice user interface.

Coinone is a cryptocurrency exchange located in the Asian continent, especially South Korea. In the liquidity process of each transaction, the demand for its operation is high, because it is very fast and efficient, and it also helps most of the virtual currencies The famous currency market cooperates with South Korean legal currency WON. Among other things, it helps currency on its platform BCH, ETN, ETS. The platform also has a good interface and is optimized. Its design provides convenience…

Pros
  • It's easy to use
  • Nice Users interface
  • Great security features
Cons
  • Non for now

Revainrating 3 out of 5

COINONE CRYPTOCURRENCY EXCHANGE MEDIUM.

Started in 2014 and presently one of the maximum critical alternate structures in Asia. Although Coinone began out shopping for and promoting with Bitcoin, it frequently rose to extra than 50 cryptocurrencies, however now it not hits 50 cryptocurrencies. Selling on Coinone have become a chore, in spite of having its exquisite sides. Coinone has its motto: caution, precision and specially safety. They positioned the slogan on an brilliant flow and it has turn out to be a exchange that wasn't…

Pros
  • It permits foe margin buying and selling
  • Its an change that has spent some time within side the crypto-international therefore it may be relied on
  • Its widespread outlook is attractive
  • It permits for twine switch and crypto coins as a style of deposit
  • Prudency, Accuracy and protection indicates its willpower for being one of the pinnacle exchanges within side the Korea
Cons
  • Registration takes pretty some time, as much as numerous hours
  • The reaction of aid group isn't as much as expectations
  • There is a hassle on navigation the employer ought to paintings on
  • The translation isn't 100% efficient
  • Credit and debit playing cards aren't supported here
  • It is domestically primarily based totally and now no longer an worldwide change

Coinone Move has collaborated with RippleNet for Cross, South Korea's first blockchain-fueled versatile application, a retail settlement item. This is exceptionally sure for clients utilizing the Coinone trade. Since moves are 90% more worthwhile than banks. The present circumstance drew such an excess of consideration that after this association, over half of the exchanges in the market were made through this organization. Moreover, numerous different organizations were agreed upon. CertiK

Pros
  • They made associations to expand safety efforts
  • A lot less expensive exchange opportunity than banks
  • Straightforward exchanges
Cons
  • Enrollment and endorsement framework consumes a large chunk of the day

Revainrating 3 out of 5

Best in its area: Coinone

Good day everyone, again, today I will present you my review of the Coinone exchange, which is an exchange in the stock exchanges section. One of the reasons I wrote this review about the Coinone exchange is that I have been using this exchange for about 3 weeks and the knowledge and experience I have gained from this exchange. So we can move my review. This exchange platform, which has been active for about 6 years, has now become one of the largest exchange platforms in the Asian region.…

Pros
  • Support teams are fast
  • Cryptocurrency diversity is increasing
  • Extremely popular in Asia
Cons
  • The International area needs to develop itself.

Revainrating 2 out of 5

Still at a local level, Coinone still needs alot of improvement

The whole idea of this exchange was brought about by a Korean white hacker in 2014. Coinone has served alot of users who are majorly local Korean traders. I gave this exchange a try around 2019, although I wasn't actively trading in the exchange. I didn't use this exchange for long because of my experiences with it( and I mean most of those experiences were bad ). Coinone is a web based platform that I traded on, I traded ethereum majorly on this exchange because it looked quite convenient and…

Pros
  • It hasn't been hacked before; it was supposedly developed by a white hacker who worked on the possible weaknesses of this exchange
  • The user interface is user friendly
Cons
  • It has been in existence for quite a while, but has nothing positive to show for it
  • It is still operating at a local level, hence cannot compete with other major exchanges
  • The only fiat supported here is the the Korean Won
  • KYC verification is a tiring task
  • The support team of Coinone is not even Functioning
  • The content of this platform is mostly in Korean

Revainrating 2 out of 5

My experience with Coinone.

Launched in 2014 and presently one of the largest exchange platforms in Asia. Coinone though started trading with bitcoin it expanded gradually to trade more than just bitcoin but not still up to 50 cryptocurrencies. Honestly, trading on Coinone was a tasking experience even though it had its good sides. Coinone has its watchword: Prudency, Accuracy, And most importantly of all, Security. It put the watchword into great action and has become an exchange that has not been been hacked before…

Pros
  • Its watchword: Prudency, Accuracy and security shows its determination for being one of the top exchanges in the Korea
  • It allows for wire transfer and cryptocoins as a mode of deposit
  • Its general outlook is attractive
  • Its an exchange that has spent a while in the crypto-world hence it can be trusted
  • It allows foe margin trading
Cons
  • It is locally based and not an international exchange
  • Credit and debit cards are not supported here
  • The translation is not 100% efficient
  • There is a problem on navigation the company should work on
  • The response of support team is not up to expectations
  • Registration takes quite a while, up to several hours

Revainrating 4 out of 5

Coinone

Coinone is a platform to be able to exchange your cryptocurrencies for cryptocurrencies, the characteristics of this platform are of high services, since with this you can exchange with multiple trading pairs. It handles a wide range of very popular cryptocurrencies in the digital world, one of which is Bitcoin, which is one of the main ones in the world. The security of this platform is very reliable.

Pros
  • It has mobile applications and offers a very good interface that is very well designed for all users.
  • Supports large trading pairs to exchange cryptocurrencies.
  • Very good security.
Cons
  • It has several areas in restriction

Revainrating 3 out of 5

Exchanges for the Korean region

The exchange originated in Korea, it is considered to be quite popular with Korean users. The CEO of this exchange is Myunghun Cha. Coinone lists the most popular cryptocurrencies like BTC and ETH along with tokens of projects that meet the exchange's listing standards. The exchange is locally oriented because the Korean government requires crypto exchanges to ensure low risk for Korean users. That's why we see, the price of Bitcoin on Coinone is always thousands of dollars larger than the…

Pros
  • The exchange has a certain number of users with a stable monthly trading volume.
  • Price of BTC and other coins is guaranteed to be stable
  • Good security
  • Optimized and compatible for Android and iOS operating systems
  • Support staking some coins
Cons
  • Its disadvantage is that it is only limited to traders counting from Korea, it is difficult to create an account outside of this area.

Revainrating 3 out of 5

Coinone.

Coinone is an exchange for digital assets where users can exchange different cryptocurrencies, this platform has great security because it has great security technology such as two-factor authentication, identity verification and passwords to maintain complete anonymity of all capital of the users. This wallet supports a large number of assets such as Bitcoin, litecoin, Dash, NEO, and a variety of other currencies, making it a highly variable and easy-to-use platform.

Pros
  • It has had great growth due to the capital it manages.
  • It supports a large number of cryptocurrencies.
  • It is easy to use for users with less experience.
Cons
  • works in few countries

Revainrating 3 out of 5

3rd largest Korean exchange -CoinOne

Korea-based exchange established in 2014 by Chan Myung Hun. The exchange was created with the purpose of becoming a user-friendly exchange. Initially, it was trading only BTC, but later this time along with the development of the market many new cryptocurrencies were added to this exchange such as ETH, BCH, etc. It is rated as Korea's 3rd largest exchange after Bithum and Upbit. Cryptocurrencies will be traded with KRW - South Korean fiat. The Coinone trading volume reported by CMC is always

Pros
  • Very low transaction fee, only 0.1% for each successful order
  • Low withdrawal fees, they do not charge a deposit fee
  • Good security, reputation for users
  • Coinone's ecosystem is constantly expanding and developing, from trading platform to expanding payment services
Cons
  • The exchange is only suitable for Korean users, cryptocurrency transactions must use KRW as the base currency.
  • The KYC process is complicated and the processing time is longer if you are not a Korean citizen

Revainrating 4 out of 5

Coinone

Coinone this is a cryptocurrency exchange platform, this is located on the Asian continent, specifically in South Korea, it has a higher demand for its operations thanks to its liquidity in each transaction since it is very fast and effective, this exchange works with one of the most popular currencies in the digital market and also supports operating with the Korean Korean WON fiat currency, it supports currencies on its platform BCH, ETN, ETS, among others, this platform also has a very good…

Pros
  • Supports ETN, BCH, ETS.
  • supports fiat currency
  • liquidity in highly satisfactory transactions
Cons
  • only operates in south korea
  • only supports south korean won  

Revainrating 3 out of 5

Coinone

Coinone is a platform that provides optimal services to its users, putting their security ahead as it has an excellent service in the security section content with verification and 2 steps It is a completely secure platform and very easy to use for any user In addition to having a very good amount of cryptocurrencies accepted by the platform Its speed is good in the level of processing of your transactions, whether they are withdrawals, transfers or deposits. The only thing that I notice negat

Pros
  • Excellent services
  • Good references
  • Low rates
Cons
  • None

Revainrating 3 out of 5

Coinone

This platform has multiple attractive features and sought by multiple users since its security stands out above all other features. This platform has an interface very easy to use for new users, in addition to providing an attractive interface with good designs, it has fees in its transactions such as withdrawals and deposits with very low fees, but in deposits it has the particularity of not charging commissions and Accepting bank transfers with the native currency of Korea is a platform that…

Pros
  • low rates
  • accepts multiple cryptocurrencies
  • mobile app
Cons
  • not available in several countries

Coinone is one of the platforms to exchange cryptocurrencies very good in the digital world, it offers services on its platform such as being able to make transactions such as buying and selling cryptocurrencies without any inconvenience, this exchange works with several very merchant currencies in the market that are Bitcoin, Ethereum, Litecoin among others with a good target market, it has very good security, however, you always have to always be vigilant in the security of it since it was…

Pros
  • Supports currency like Bitcoin, Litecoin, Ethereum
  • Very good and optimized interface
  • Works with Android and iOs
  • very fast transaction liquidity
Cons
  • works in few countries

Revainrating 4 out of 5

CoinOne

CoinOne is an exchange launched in 2014. It allows the purchase and sale of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, among others. Security is one of the most striking features of this exchange, since since its launch there have been no problems with its violation. Security control 24 hours a day. 85% of assets are kept in cold wallets for added protection.  In its mobile version, this exchange generates a stable and comfortable experience. Very easy to use. In additi

Pros
  • High quality security with different features so that users feel the confidence and tranquility of using it
  • Fast transactions, with a comfortable and easy-to-use interface.
  • Mobile app.
Cons
  • Few cryptocurrencies available.
  • Few countries available.